This year’s multifamily investment market is turning out to be an active one, especially for the large apartment market.  John Chang, senior vice president and director of research services, shared this in the 2022 multifamily forecast released by Marcus & Millichap.

After a banner period for multifamily properties in 2021, fundamentals are projected to improve even further this year, albeit at a more typical pace. Housing demand will continue to grow, surpassing a record 400,000 units of construction to keep availability low across quality tiers. Difficulties obtaining some raw materials and labor do, however, increase the chance that some projects could be delayed until 2023. 

2022 U.S. Multifamily Investment Forecast Report